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Entries in Economic Growth (16)


ALG's Daily Grind - Did House leaders embrace the budget deal before they ever saw it? 


Dec. 13, 2013

Permission to republish original opeds and cartoons granted.

Did House leaders embrace the budget deal before they ever saw it?
Sen. Jeff Sessions on budget deal: "this bill clearly and unequivocally undermines the ability of the Senate to maintain agreed-upon statutory spending limits… Perhaps the House didn't understand what the impact would be."

HHS Inspector General: The right man for the job
Sometimes the exact right person is in the exact right place at the exact right time. The current inspector general of Health and Human Services is exactly the right man to investigate the agency.

On selfies and Shackleton
Leadership can mean many things to many people, but its absence is obvious, as it was with President Barack Obama, Danish Prime Minister Helle Thorning-Schmidt and British Prime Minister David Cameron snapping a "selfie" Tuesday like teenagers at a rock concert. U.S. energy boom helps grease manufacturing's spinning wheels
"The heavily chronicled shale boom that has propelled U.S. oil production to historical peaks also may be greasing the wheels of manufacturing, which suffered for years as production moved to cheaper havens overseas."


ALG's Daily Grind - Will Obamcare enrollment exceed expectations? 


Dec. 9, 2013

Permission to republish original opeds and cartoons granted.

Will Obamcare enrollment exceed expectations?
Gallup: 63 percent of those without health insurance — out of a total of 58 million — plan on getting it rather than paying a fine under the health care law's individual mandate.

Unemployment rate is meaningless
If the unemployment rate drop from 7.3 percent down to 7 percent is actually meaningful, the Federal Reserve should immediately end its bond-buying program, called "quantitative easing."

The tyranny of branding
Has anyone noticed that your brand has replaced yourself?

Kudlow: The challenge is growth, not inequality
"[Obama's] idea that the defining challenge of our time is to reduce income inequality is completely wrong. In truth, the defining challenge is to restore more rapid economic growth, create substantially more jobs, and significantly reduce unemployment."


ALG's Daily Grind - Are millennials really dumping Obama? 


Dec. 6, 2013

Permission to republish original opeds and cartoons granted.

Are millennials really dumping Obama?
Harvard study: While younger voters' attitudes may be shifting slightly against Obama, that is not necessarily pointing to a conservative or Republican surge per se. They may be disappointed with Obama, but they like Republicans even less.

Alternative education shows progress
Charter schools and voucher programs across the nation have simply worked. In Washington D.C., over 1,600 low-income children participate in the district's voucher program at a 91 percent graduation rate, which is a stark contrast when compared to the 41 percent rate of those not participating in the program.

Why fast food workers should really protest
If Americans take to the streets, as they arguably should, they should be demanding not a higher minimum wage but leadership with clarity, optimism and regard for individual initiative that inspired prosperity in generations past.

Coy: Sorry, the U.S. growth surge is just a blip
"Producing more stuff doesn't help if you can't sell it, and that was the problem with the U.S. economy last quarter.


CEI - New Report: Praying for Growth at the GDP Altar; The Perils of Confusing GDP Growth Figures with the Real Economy 


CEI WebMemo

August, 2013

Praying for Growth at the GDP Altar
The Perils of Confusing GDP Growth Figures with the Real Economy


Would "Marshall Plan" -type fiscal stimulus help Greece's economic woes?  In a new report, Matthew Melchiorre of the Competitive Enterprise Institute refutes such claims put forward by economists:

"Pumping money into the Greek economy may boost GDP and even spur hiring for a short time, but it will not lead to self-sustaining growth driven by private investment over the long run. Only fundamentally reforming the Greek economy can accomplish that.

"When economists treat GDP as the be-all end-all metric to evaluate economic performance, they often propose ways to improve GDP figures, rather than the actual economy. Although GDP may be the best of limited measures in assessing total economic output, it is only a proxy, and proxies are imperfect.


"If Greek policy makers really want their country’s economy to recover, they should pursue austerity and market reforms with zeal."

-- View the CEI WebMemo


-- Interview the author


-- More about Matthew Melchiorre




House Republican Conference - VIDEO: What is Reality?

When the President walked into a meeting with House Democrats this week at the Capitol he said was focused on three things words, “jobs, middle class, growth.” The President is great at talking about these issues but unfortunately for the American people, it’s only been talk (as evidenced by another poor jobs report). Watch this new video – first for bloggers –that highlights the struggles everyday Americans continue to face under his Presidency.


Watch the Full Video Here